
Executive Summary
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Project sponsors aim to set new worldwide standards of frequency, scale, accessibility, accuracy and accountability with regard to carbon sequestration testing and management strategies.
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Each Project involves afforestation of up to 250k acre sites beginning in Texas for net positive carbon sequestration using best available combination of wildlife and forestry management practices, co-located to the extent practical near existing coal or natural gas power plant(s) for utility investment in project to balance carbon footprint.
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Achieving up to 2.0Mtpy of CO2 sequestration per 250k acre site, accumulating 120M tons of CO2 stored over life at under $5/ton, well below international averages.
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Up to 10 projects contemplated in initial funding initiative ($3.4B total)
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Advisory and partnership with Texas Forest Service (TFS) and Texas Parks & Wildlife (TPW).
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First project to include up to five different tree species to provide comparative data of carbon sequestration proficiency for future project enhancement.
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Employing State of the art and proprietary technology for the monitoring and reporting of carbon sequestration using AI and blockchain technology for the first real-time verifiable and auditable physical collection of such data in North America.
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Staffed by full-time forest management personnel.
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Life-cycle management of forest and forest products to enhance carbon sequestration from modeled levels.
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IRS 45Q Tax Credit eligibility @ $50/ton provides substantial after tax economic value.
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Certified renewable forest project via Forest Stewardship Council (FSC) and/or Sustainable Forest Initiative (SFI).
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Wildlife monitoring for threatened and endangered species inventory and reporting.
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Peer reviewed results to be made available to the USDA US Forest Service to establish standards for future forestry initiatives.
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Earth’s land could support 10.9 billion acres of continuous tree cover. That is 4 billion more than the currently existing 6.9 billion acres. Of these 4 billion acres, 2.2 billion acres fulfill the criterion of not being used by humans.
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The greatest potential can be found in just six countries: Russia (373 million acres); the US (254.5 million acres); Canada (193.7 million acres); Australia (143.3 million acres); Brazil (122.8 million acres); and China (99.3 million acres).